Table 2.--Economic
 model


scenarios for the photovoltaic feasibility simulation


 Buy-back Discount Fuel escalation
Scenario Target costs ratio rateb rateb
 ratio rate rate

 1980: $10,750/KWP
Base 1986; 4,740/KWP 0.25-1.50 .06 .06
 2000: 945.79/KWP


 1980: 10,750/KWP
Optimistic 1986: 2,026.50/KWP 0.25-1.50 .06 .06
 2000: 945.79/KWP

 1980: 10,750/KWP

Pessimistic 1986: 8,062.50/KWP 0.25-1.50 .06 .00
 2000: 2,026.50/KWP


 aFor each scenario, the buy-back ratio is varied between these
limits in increments of 0.25.

 The discount rate and annual rate of increase in electricity rates
are expressed in real terms.